The Sommerville Shopping Centre is anchored by Coles and Target on long-term leases and sits on a site measuring almost 50,000 square metres.The centre has four mini-majors and 26 speciality stores. It is close to the newly constructed Peninsula Link Freeway and is expected to benefit from the expansion of the Port of Hastings precinct. CBRE agents
Mark Wizel
and
Justin Dowers
are marketing the property through an expressions of interest campaign.

The sub-regional shopping mall sector has attracted serious interest from local and offshore buyers. The Bendigo Marketplace in Victoria was purchased by ISPT in December for $165 million, representing a yield of 7.3 per cent.